Tuesday, March 01, 2016 7:01:59 AM
Investor's Business Daily
http://www.investors.com/news/tasers-q4-tops-on-growth-in-its-axon-segment/
Taser (TASR) said Monday it’s winning the “vast majority” of deals in the body camera and evidence management marketplace and that it would add sales staff to keep up.
On a conference call, Taser management said additional sales representatives are needed to “ensure we are in front of every single agency that is making a purchasing decision.”
Taser expects operating expenses increase to $123 million-$128 million this year as it boosts staff. But bookings growth should outpace operating expense growth this year.
Sales in the company’s Axon body camera and evidence management division jumped 47%. But sales in body-worn camera hardware fell by $1.1 million due to the company’s decision to delay shipments of its new Axon Body 2 camera until the first quarter in order to ensure the product was up to the company’s standards.
Bookings for Axon and Evidence.com jumped 82%.
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